Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>JR delivered a big jump in 1Q21 earnings thanks to the realization of high-value projects.</li><li>The earnings momentum should last throughout the year, underpinned by the healthy backlog.</li><li>The expected record-high earnings in 2021E will be driven by two sizable projects that are already priced in, causing us to leave our Hold rating unchanged.</li></ul>

JR delivered a big jump in 1Q21 earnings thanks to the realization of high-value projects.The earnings momentum should last throughout the year, underpinned by the healthy backlog.The expected record-high earnings in 2021E will be driven by two sizable projects that are already priced in, causing us to leave our Hold rating unchanged.

JRW Utility

Big Jump in 1Q21 Earnings, As Expected